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20121205
20121213
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.m. eastern. >> the white house national economic council director discusses the fiscal cliff on monday and emphasizes the administration's position on higher taxes for the wealthy. he spoke at a center for american progress forum titled investing in the future, higher education, innovation and american competitiveness. this is 40 minutes. >> it is my great privilege to introduce gene sperling, director of the white house national economic council and assistant the president for economic policy. gene sperling also is a former senior fellow at the center for american progress, pro-growth progressive. and the connection between innovation, education, ensuring we have an economy that works for everyone. i want to say having served in the administration, there is no one in the administration who is more focused on america's long-term competitiveness, short term competitiveness, midterm competitiveness, when the president is talking about issues which are critical to him, america maintains its edges in the global economy, and all of its citizens to students to people dreaming about being the
. the debate rahs ling over on the fiscal cliff, if you raised all the dollars and taxes proposed, you only get $31 billion in a year, and they're requesting more than what we'd even get from that. so we need to be good stewards. yes, we want movement, yes, we want it to work right. before we make an investment again, shouldn't we review the business plan? secondly is an issue that mr. denham raised. this was put before the california voters. yes, it looks different today. as a california voter, i personally think you'd have to go back to the california because it's not what was proposed. it said there'd be private funding. there is no proposed private funding as of today. there's no money in, and i question whether it'll be in the future. so does the federal government -- is the federal government now on the hook for the rest of the plan which the voters were asked for and said would come? if we are the biggest funders of this, why would we not -- [inaudible] to what they said they would do? that is a question we all have to do. thirdly, when you read the business plan and you live in my area,
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